Sold for $5,450,000 on 12/13/24
Listing Provided by:
Woody Stahl DRE #01399621 broker@lyonstahl.com,
Lyon Stahl Investment Real Est,
Brett Lyon DRE #01717818 310-706-4066,
Lyon Stahl Investment Real Estate, Inc.
Bought with: Marcus & Millichap
$5,450,000
1625 E Maple Ave, El Segundo, CA 90245
24beds
24baths
13,458sqft
Mixed Use
Built in 1969
-- sqft lot
$5,360,000 Zestimate®
$405/sqft
$-- Estimated rent
Owner options
What's special
1625 Maple Ave is a well-maintained 12-unit apartment building located in the desirable El Segundo submarket. This property offers an excellent unit mix of (12) 2-bed/2-bath units, several of which have been remodeled over the years to maintain modern standards. The two-story building spans 13,458 square feet on an 11,427 square foot lot, providing ample living space and essential amenities.
With a CAP Rate of 4.23%, an attractive price per square foot of $412, and a price per unit of $462,500, this property represents a compelling financial investment opportunity. The building includes a parking garage with space for 24 cars and a shared laundry room for tenant convenience.
Situated in the highly-regarded El Segundo Unified School District, 1625 Maple Ave holds appeal for families and professionals alike. Its prime location offers easy access to vibrant downtown El Segundo, with a variety of restaurants, shops, and entertainment options nearby. Additionally, the property is less than a 10-minute drive from the beach and LAX, offering residents excellent accessibility to major attractions and transportation hubs.
Zillow last checked: 7 hours ago
Listing updated: December 18, 2024 at 09:48pm
Listing Provided by:
Woody Stahl DRE #01399621 broker@lyonstahl.com,
Lyon Stahl Investment Real Est,
Brett Lyon DRE #01717818 310-706-4066,
Lyon Stahl Investment Real Estate, Inc.
Bought with:
Jonathan Weir, DRE #02038545
Marcus & Millichap
Source: CRMLS,MLS#: PW24168346
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 24
- Bathrooms: 24
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 13,458
- Total interior livable area: 13,458 sqft
Property
Parking
- Total spaces: 24
- Parking features: Garage
- Garage spaces: 24
Features
- Entry location: 1
- Pool features: None
Lot
- Size: 0.26 Acres
- Features: 11-15 Units/Acre
Details
- Parcel number: 4139017011
- Zoning: ESR3*
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1969
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Park
Location
- Region: El Segundo
Other
Other facts
- Listing terms: Conventional
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Estimated market value
$5,360,000